📉 Analysis: Solana (SOL) has completed an ABC correction and successfully broken its descending trendline, signaling the start of a strong bullish move. This setup offers an excellent 100% profit potential with a 1:5.5 risk-reward ratio.
📌 Key Levels:
- 🔹 Entry Point: 213.50 USD
- 🔹 Stop Loss: 174.00 USD
- 🔹 Take Profit: 430.00 USD
📊 Outlook: The break above the descending trendline confirms a change in momentum, making SOL ready for its next major move upwards. A perfect setup for traders looking for high returns with calculated risk.
📢 Share your thoughts! Don't forget to share this signal with your trading circle and let us know your plans in the comments.
📌 Key Levels:
- 🔹 Entry Point: 213.50 USD
- 🔹 Stop Loss: 174.00 USD
- 🔹 Take Profit: 430.00 USD
📊 Outlook: The break above the descending trendline confirms a change in momentum, making SOL ready for its next major move upwards. A perfect setup for traders looking for high returns with calculated risk.
📢 Share your thoughts! Don't forget to share this signal with your trading circle and let us know your plans in the comments.
Trade active
Long Position for Solana (SOL) Activated!💲 Current Price: 214.33 USD
🔑 The long position for Solana has been activated as per the previous signal, and the bullish move has started.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.